Thursday 31 July 2014

NBAD chief warns over falling margins

National Bank of Abu Dhabi's chief executive has warned that falling margins were beginning to squeeze banks in the UAE, after the country's largest lender by market value reported flat first-quarter profit growth. Many UA


Refining margins ‘not improved’

Refining margins have not yet started to improve, unlike the prices of petrochemicals, the chief executive of Saudi Arabia's Rabigh Refining and Petrochemical has said. 'Refinery margins are still no where close to the levels they

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